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Presentation of Financial Statements Problem #3

Part 1. Access the 2008 financial statements for three European tire manufacturers (Continental, Michelin, and Pirelli) available in the library database Mergent Online or at the corporate webites.

Required: Compare and contrast differences in presentation of financial statements across the three companies. Describe the manner in which each company complies with IFRS requirements for presenting a complete set of financial statements (as described earlier in this document).

Part 2. Access the 2008 financial statements of Goodyear Tire & Rubber Company available on Blackboard.

Required: Evaluate the extent to which Goodyear's financial statements comply with IFRS requirements for presenting a complete set of financial statements (as described earlier in this document).

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